Harworth Group

Significant sale at Skelton Grange to drive material NDV uplift

  • Sectors : Real Estate
  • Companies : Harworth Group

Ratings and price correct at time of issue.

  • Harworth Group

    Closing Price: 146p

  • RATING 19/11/21

  • PREVIOUS RATING N/A

DAVY VIEW

Harworth’s land sale will act as a meaningful contributor to EPRA NDV in 2024. Alongside this, the updated investment portfolio strategy, which looks beyond 2027 for the first time, highlights the strong growth trajectory of the group and will underscore a growing EPRA NDV in future years. We believe that the announcement today should play into a re-rating story.

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Jun 27 2024, 08:30 IST/BST

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